Urthecast Corp LFDEF

quick questions

[aushucks]

are these satellites  really on the chopping block, if deimos 1&2 are for sale then why would they solicit the need for a senior sales director, a vp of sales and an accountant in Madrid? or is this going to be an en bloc type of deal, sold with a full sales force and additional revenues  etc., could be a long way from being done, if it ever gets done. what happened to these existing positions, they must have existed, right?

[onxy10122012]

I've been thinking about the same since I saw that. There are many different scenarios and options available to them so who really knows for sure except them. They sounded pretty optimistic about offers they received so maybe there was a breakdown in negotiations with respect to pieces they were willing to include in the sale. Deimos 1 could still have up to five years remaining